Whose Social Security Number should be used in bidding? And who signs the Sales Contract?
Your agent will get the buyer’s SSN and signature on the HUD-9548 Sales Contract before placing the bid electronically. The same name and SSN must be used on the bid screen. If there is more than one person buying the property together, your agent will use the name and SSN on the bid screen of the person whose financial statement is best from the lender’s perspective, adding the other names and SSNs on the contract following the first one. Everyone who is buying and taking title to the property signs the contract and addenda. These bids and contracts are not assignable to anyone else. NOTE: Be sure to sign your name exactly the same way each time on all documents. The names and signatures must match the SSN given for that person.You must include the exact name as it appears on the social security card, including middle initial or middle name.
